Administration

THE LINK FOUNDATION is governed by a board of trustees selected on the basis of their professional experience. The board meets twice a year to determine policy and approve grants.

The foundation’s investment portfolio is managed by Chemung Canal Trust Company and the Commonfund, under investment guidelines issued by the trustees. Guidelines are reviewed annually, or more frequently if either internal or external financial conditions warrant.

The tax return of the foundation also serves as its annual report. It is prepared by an independent accounting firm along with an annual financial statement. Reports are not distributed externally (except as required by the Internal Revenue Service), but the foundation’s current 990-PF tax return is available on the Guidestar website.